Arbitration is a mechanism or a method of resolution of disputes that unlike court takes place in private, pursuant to agreement between the parties. The parties agree to be bound by the decision rendered by a chosen arbitrator after giving hearing. The endeavour of the court should be to honour and support the award as far as possible[Markfed Vanaspati & Allied vs Union Of India … Continue reading Introduction to the Indian Law of Arbitration and Conciliation Act 1996

The Arbitration and Conciliation Act, 1996 34. Application for setting aside arbitral award. (1)Recourse to a Court against an arbitral award may be made only by an application for setting aside such award in accordance with sub-section (2) and sub-section (3). (2)An arbitral award may be set aside by the Court only if— (a)the party making the application furnishes proof that— (i)a party was under … Continue reading Setting aside an Arbitral Award in India

KEYWORDS:- Arbitration Agreement- DATE:- May 2, 2018 The validity of an arbitration agreement does not depend on the number of arbitrators specified therein. The number of arbitrators is dealt with separately in Section 10 which is a part of machinery provision for the working of the arbitration agreement. It is, therefore, clear that an arbitration agreement specifying an even number of arbitrators cannot be a ground to … Continue reading Purushottam S/o. Tulsiram Badwaik Vs. Anil & Ors.[ALL SC 2018 MAY]

UNDER ARBITRATION AND CONCILIATION ACT 1996 [SECTION 18 TO 27] GO TO THE MAIN PAGE 18. Equal treatment of parties. The parties shall be treated with equality and each party shall be given a full opportunity to present his case. 19. Determination of rules of procedure. (1)The arbitral tribunal shall not be bound by the Code of Civil Procedure, 1908 (5 of 1908) or the Indian Evidence … Continue reading Conduct of arbitral proceeding in India